A handful of well-known bank names jumped as traders ready for a second Trump term.
Kategorie-Archiv: CNBC Financial News
Solar stocks tumble on fears Trump will hamper clean energy progress, repeal IRA
Trump’s campaign platform calls for the termination of the IRA, which he refers to as the „Socialist Green New Deal.“
Trump Media shares surge more than 30% as Trump wins presidential election
Shares of former President Donald Trump’s media company jumped in early trading as NBC News results projected him winning the contentious presidential election.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The major averages each rose at least 1% on Tuesday as investors awaited results of the U.S. election. Here’s what CNBC is watching going into Wednesday.
UniCredit and Commerzbank square off with target hikes amid takeover battle
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe’s largest banking mergers still hangs in balance.
British fintech firm Wise posts 55% jump in profit on expanding market share
British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.
China’s central bank affirms supportive monetary policy stance at closely watched meeting
The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy,“ state media said in Chinese, translated by CNBC.
10-year Treasury yield posts huge leap to 4.47% on Trump win, possible GOP Congress sweep
Bond yields could see a big pop in the event of a Trump win as more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.
Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.
CVS posts mixed results, holds off on guidance in Joyner’s first earnings report as CEO
CVS expects elevated medical costs to continue to pressure its performance this year, „and as a result we are not providing a formal outlook at this time.“